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Oct 7, 2013
10/13
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of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to make those determinations. what our position has always been was not raise it for a certain amount of time. it has been raise the debt ceiling without drama and delay. , ourver the duration position will not change, which is raise it so that the united states can continue to pay its bills and continue to ensure that the world knows we are good to our word and we fulfill our obligations, and when it comes up again, our position will still be, we will not negotiate over congress's responsibility is to pay the bills t
of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to...
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Sep 9, 2017
09/17
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, the with $20 trillion in debt, we never put a debt ceiling increase on president obama's address. now we have a
, the with $20 trillion in debt, we never put a debt ceiling increase on president obama's address. now we have a
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Sep 1, 2017
09/17
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of the debt ceiling which may be extended. the people in the freedom caucus who are worried about spending itey are quite upset because seems to be the bipartisan strategy now to when the debt limit is lifted to include in that, the money that will be needed to bring back the state of texas and louisiana and anyone else. that takes away their bargaining power. let me say this, i perceive that there is a bipartisan overwhelming, maybe not unanimous, understanding that whatever needs to be done will during theseed jurisdictions, the states, the cities, the individuals, to bring them to a livable life. it will not be easy and will take time but i think there is a universal view that that must be done and the money be made available. another point you raise is interesting. there is a lot of tension between the philosophies that occurred before this hurricane and what is needed now. for example, the plan was this hurricane, tothe cut billions of dollars from the 3.6 billion dollars that fema has to pay for the southern wall. you co
of the debt ceiling which may be extended. the people in the freedom caucus who are worried about spending itey are quite upset because seems to be the bipartisan strategy now to when the debt limit is lifted to include in that, the money that will be needed to bring back the state of texas and louisiana and anyone else. that takes away their bargaining power. let me say this, i perceive that there is a bipartisan overwhelming, maybe not unanimous, understanding that whatever needs to be done...
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Sep 7, 2017
09/17
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reporter: you described the plan to bundle harvey relief with a raise in the debt ceiling as ridiculous and disgraceful. speaker ryan: i short-term debt limit. i'm worried about the credit markets and in doing this on a short-term basis, short-term basis, we can't keep doing it that way. i think what the president basically expressed is at this moment when we just had a massive hurricane hit texas and louisiana, we got one that just hit the virgin islands, pork porks, and now florida -- puerto rico, and now florida, when you look at the cone of this hurricane it can be anywhere from georgia to south carolina. that is a tough moment for our country. we need to make sure the government responds to people until the president wanted to make sure that we are going together as republicans and democrats to respond to this. i was making an economic point which is, with respect to the credit markets, stability and longevity are key. reporter: yesterday's immediating president trump apparently proposed the idea of scrapping future debt limit votes. is that something that you could get behind? spe
reporter: you described the plan to bundle harvey relief with a raise in the debt ceiling as ridiculous and disgraceful. speaker ryan: i short-term debt limit. i'm worried about the credit markets and in doing this on a short-term basis, short-term basis, we can't keep doing it that way. i think what the president basically expressed is at this moment when we just had a massive hurricane hit texas and louisiana, we got one that just hit the virgin islands, pork porks, and now florida -- puerto...
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Sep 8, 2017
09/17
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debt ceiling will never be a problem. we could have done a one-year deal, but we could not do it for the military. we need the flexibility, especially in these times. we are looking at major military. we are increasing the military purchases in this country by many billions of dollars, new fighter jets, new ships, things that we need, things that should have been bought over the last 10 years. we have the finest military equipment in the world, and we are now the biggest of all buyers. we are strengthening our military. we could not have done along the deal that the 90 days because of the military and because we all wanted it to all be in one package, i did. host: president trump and some of his cabinet yesterday. your thoughts, what are you thinking about president trump working with congressional democrats? (202) 748-8000 is the number to call for democrats. for republicans, (202) 748-8001. independents and all others (202) 748-8002. washington post this morning, the headline, trump shift shakes on debt reliefal and har
debt ceiling will never be a problem. we could have done a one-year deal, but we could not do it for the military. we need the flexibility, especially in these times. we are looking at major military. we are increasing the military purchases in this country by many billions of dollars, new fighter jets, new ships, things that we need, things that should have been bought over the last 10 years. we have the finest military equipment in the world, and we are now the biggest of all buyers. we are...
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Sep 24, 2013
09/13
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. -- in debt that the get the event that the debt ceiling is not raised, we pay our debts first. spokene that we've all about the calamity that would come from default on the debt. it is revealing that the majority leader reference and objected to, by name, taking a default off the table. it is unfortunate. there's a tendency in this town towards princeton ship and pointing towards events that create uncertainty. using them to get your way. i wish the majority leader had said differently. we should not have a government shutdown. we should never discuss a default on debts. if the majority leader had said i consent, a default on the debt would have been taken off the table. we all know why he did not. because he embraces obamacare. bodyld suggest that this passed obamacare on a partyline vote. , america hasast learned it does not work. it is the single biggest job killer in america. we are seeing more evidence that obama care is killing jobs and hurting american workers were struggling. it is causing people to be forcibly put into part-time work. . it is jacking up health insuranc
. -- in debt that the get the event that the debt ceiling is not raised, we pay our debts first. spokene that we've all about the calamity that would come from default on the debt. it is revealing that the majority leader reference and objected to, by name, taking a default off the table. it is unfortunate. there's a tendency in this town towards princeton ship and pointing towards events that create uncertainty. using them to get your way. i wish the majority leader had said differently. we...
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Dec 13, 2012
12/12
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debt ceiling. i'm very worried about the debt ceiling, mr. leader. i think the debt ceiling is something that you and i have expressed both publicly and privately ought not to be something that really we put at risk. i frankly think all the leaders that i've talked to on the republican side and on the democratic side think that when you incur debts as the united states of america, the most credit worthy nation on the face of the earth, that you have every intention of paying those debts. the debt ceiling theoretically says you can't pay over a certain number. you can't go into debt any more. you and i both know that sometime in february, maybe later, that debt ceiling will be reached. very frankly, both parties played a game on the debt ceiling. when you were in charge, we played the fact that the debt was your problem because you cut taxes and didn't pay for that. on your the speaker pro tempore: you said we spent too much money and we didn't pay for -- on your side you said we spent money and we didn't pay for it. neither one of ourselves covered o
debt ceiling. i'm very worried about the debt ceiling, mr. leader. i think the debt ceiling is something that you and i have expressed both publicly and privately ought not to be something that really we put at risk. i frankly think all the leaders that i've talked to on the republican side and on the democratic side think that when you incur debts as the united states of america, the most credit worthy nation on the face of the earth, that you have every intention of paying those debts. the...
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Sep 9, 2017
09/17
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reporter: is he taking away the battles from the debt ceiling and continue add on debt with no checks and balances? ms. sanders: the president is focused on balancing the budget and bringing the debt down overall and making sure that the citizens of our country particularly those in a really desperate time of need like we are seeing in texas and louisiana are taken care of. reporter: the public being fully informed. we'll be able to cover some portion of that cabinet meeting at camp david. ms. sanders: we will be releasing the president's remarks from tom and keep you guys informed. reporter: you talked about eliminating bickering from the debt ceiling process, is that a republican problem. 90 republicans voted against this emergency relief package because it was -- ms. sanders: majority of republicans voted for it. the most important thing is the deal got done. the president acted on it and worked with democrats to get it done. and he will continue to work with whoever is interested in moving the ball forward. reporter: for republicans who are displeased about this, what does the whi
reporter: is he taking away the battles from the debt ceiling and continue add on debt with no checks and balances? ms. sanders: the president is focused on balancing the budget and bringing the debt down overall and making sure that the citizens of our country particularly those in a really desperate time of need like we are seeing in texas and louisiana are taken care of. reporter: the public being fully informed. we'll be able to cover some portion of that cabinet meeting at camp david. ms....
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Oct 9, 2013
10/13
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byy raise the debt ceiling under ronald reagan we raise the debt ceiling 18 times. yet for a thank you note from ronald reagan. tip supported ronald reagan in a tax increase one year after his reagan revolution because it was hemorrhaging red ink. he needed a tax increase. he got it. they save social security for another generation in that compromise and it worked out. he worked together on a lot of policy issues. this relentless opposition to the president hurts the country. we have a loyal opposition that is healthy, but i commend the example of tip o'neill and ronald reagan. two very different ideological tents. but they came together because they understood how important it was. -- it is not as if he is -- [laughter] play.treet has able to i think the business community has a role to play. people who the republican caucus have respect for. i know that they are waiting in. tune orlly need to fine republican caucus if they have not started it already. maybe their constituents want their rates to go up on the home mortgage. maybe the one interest rates to go up to
byy raise the debt ceiling under ronald reagan we raise the debt ceiling 18 times. yet for a thank you note from ronald reagan. tip supported ronald reagan in a tax increase one year after his reagan revolution because it was hemorrhaging red ink. he needed a tax increase. he got it. they save social security for another generation in that compromise and it worked out. he worked together on a lot of policy issues. this relentless opposition to the president hurts the country. we have a loyal...
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Sep 6, 2017
09/17
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eye 21
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and they want to play politics with the debt ceiling? that will strand the aid that we need to bring to these victims of these storms that have occurred or are about to occur and they also want to threaten default on our debt? i think that's ridiculous and disgraceful that they want to play politics with the debt ceiling at this moment when we have fellow citizens in need to respond to these hurricanes so that we do not strand them. reporter: [inaudible] mr. ryan: i think -- what the leaders you just described proposed is unworkable and it could put in jeopardy the kind of hurricane response we need to have. look, many of us got the calls from the administration and o.m.b. who said fema is moving so fast we're running out of money as soon as friday to tuesday. we have to make sure that we have the authority, legal authority, to go out and be able to put money back into fema so we can respond to these hurricanes. not to mention the fact that we already have to start prepositioning for the fact that irma is about to hit florida. and to pla
and they want to play politics with the debt ceiling? that will strand the aid that we need to bring to these victims of these storms that have occurred or are about to occur and they also want to threaten default on our debt? i think that's ridiculous and disgraceful that they want to play politics with the debt ceiling at this moment when we have fellow citizens in need to respond to these hurricanes so that we do not strand them. reporter: [inaudible] mr. ryan: i think -- what the leaders...
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Dec 14, 2021
12/21
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a debt ceiling deadline set for tomorrow. this is the headline in the "new york post," trump lashes out at mcconnell for allowing that ceiling entries. the former president lashed out at mitch mcconnell friday night after the kentucky republican declined to take trump advice to use the federal debt spilling -- stealing. mcconnell brokered a bipartisan compromise were republican senators would get out of the way and allow democrats to raise the debt ceiling with a bare majority to ever to federal default around the summer 15. "mitch mcconnell, the broken old crow, has just conceded for absolutely nothing and for no reason. the powerful debt ceiling negotiating block was the republicans' first class ticket for victory over democrats," trump said. rate your party's congressional leadership. (202) 748-8001. that is for republicans. (202) 748-8000 for democrats. for independents and others, (202) 748-8002. the status on president biden's build back better, this is reporting from political, manchin keeps dems guessing on their mega
a debt ceiling deadline set for tomorrow. this is the headline in the "new york post," trump lashes out at mcconnell for allowing that ceiling entries. the former president lashed out at mitch mcconnell friday night after the kentucky republican declined to take trump advice to use the federal debt spilling -- stealing. mcconnell brokered a bipartisan compromise were republican senators would get out of the way and allow democrats to raise the debt ceiling with a bare majority to ever...
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Sep 25, 2021
09/21
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eye 15
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ceiling cap would be at today's level of debt. we will see a much higher number coming our way. which i will not support signing this. and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time the gentlewoman reserves. the gentlewoman from connecticut is recognized. ms. delauro: i yield 1.5 minutes to the gentlewoman from ohio, ms. kaptur. the speaker pro tempore: the gentlewoman from ohio is recognized. ms. kaptur: i thank the gentlelady for yielding. mixed feelings that i rise in support of the continuing resolution. we need to keep the federal government's lights on and make sure ensure national parks remain open to all and we are in the middle of a global pandemic and too many people are unsure to keep their own lights on. critical funding to respond to hurricane ida. this legislation will provide $6 billion for the army corps of engineers, bureau of reclamation to respond to the human and environmental disasters and there are necessary extensions to keep programs operateing for the next seve
ceiling cap would be at today's level of debt. we will see a much higher number coming our way. which i will not support signing this. and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time the gentlewoman reserves. the gentlewoman from connecticut is recognized. ms. delauro: i yield 1.5 minutes to the gentlewoman from ohio, ms. kaptur. the speaker pro tempore: the gentlewoman from ohio is recognized. ms. kaptur: i thank the gentlelady for yielding. mixed...
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60
Oct 13, 2013
10/13
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eye 60
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they are debating the government shutdown and the debt ceiling. you can also watch online at c- span.org and let us know what you think on twitter or go to our facebook page at facebook.com/c-span. >> he called because he is so frustrated -- know how the government shutdown is affecting you. .lease send us >> make your short video of the shutdown and upload it see what others are touting about. >> tonight part two of our conversation with josh bolten. >> start off by giving us what you saw with the press, the media, that world. how did you view them knockout >> usually with hostility. it is the natural state of affairs between the white house because that corps is the nature of what the press needs to do. they need to try to catch the white house out on whatever is going on. >> more with bush administration chief of staff josh bolten, tonight at 8:00 on c-span's "q&a." >> on tuesday, the u.s. supreme court heard that campaign finance case. he challenges the limits on the total amount of money one individual can tribute -- can't intrude on each ele
they are debating the government shutdown and the debt ceiling. you can also watch online at c- span.org and let us know what you think on twitter or go to our facebook page at facebook.com/c-span. >> he called because he is so frustrated -- know how the government shutdown is affecting you. .lease send us >> make your short video of the shutdown and upload it see what others are touting about. >> tonight part two of our conversation with josh bolten. >> start off by...
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3.0
Oct 4, 2021
10/21
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eye 3
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reporter: regarding the debt ceiling, he can't guarantee that the u.s. won't breach the debt ceiling -- given the grave consequences outlined, can you elaborate on what you were saying in terms of what the american people should be preparing for? does he see this as potentially inevitable? sec. psaki: he also said in the same set of remarks or comments he couldn't imagine it going to that point. congress has raised the debt limit 80 times. they've done it in a bipartisan fashion. it is imperative we move forward given the impact this could have on the american people. there is a great deal of retirement savings, salaries for ri for americans who are goingat to be waiting at home, watching how this might impact them. the moment we are in is, despite the fact that under the last administration nearly $8 trillion in bills was compiled -- i think i have a chart here to give you a visual -- despite $8 trillion in bills, 600 $60 billion during the the biden administration, so what senator mcconnell is failing to do is paying the debts he rung up under his lead
reporter: regarding the debt ceiling, he can't guarantee that the u.s. won't breach the debt ceiling -- given the grave consequences outlined, can you elaborate on what you were saying in terms of what the american people should be preparing for? does he see this as potentially inevitable? sec. psaki: he also said in the same set of remarks or comments he couldn't imagine it going to that point. congress has raised the debt limit 80 times. they've done it in a bipartisan fashion. it is...
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May 9, 2011
05/11
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ceiling and debt limit. using the debt limit is a good tool from an economist's point of view to get spending down. it will benefit the economy. cut spending. if you have to use the debt limit to do that, i think it is worth the effort. the economy will benefit on the other side. >> i wanted to inject one more thing. on the issue of government, big government. energy, and terrier, commerce, none of them are found in the constitution as a federal responsibility. we have allowed that to be developed over the last 80 years. we have with us and he showed up, george washington. i want you to understand, that is a moral issue. >> thank you. we are here on monday after mother's day. i said my mother was the most beautiful woman i ever saw. all i am i wrote to my mother. every man, every woman in america and around the world owes a debt to their mother and father. that is a debt of gratitude. that is not a debt we owe because our elected servants have been spendthrifts. they are different types of debt. in my farewe
ceiling and debt limit. using the debt limit is a good tool from an economist's point of view to get spending down. it will benefit the economy. cut spending. if you have to use the debt limit to do that, i think it is worth the effort. the economy will benefit on the other side. >> i wanted to inject one more thing. on the issue of government, big government. energy, and terrier, commerce, none of them are found in the constitution as a federal responsibility. we have allowed that to be...
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167
Sep 23, 2011
09/11
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eye 167
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the 450 billion is the amount that was part of the debt ceiling. the debt ceiling takes the ceiling down about $450 over 10 years. it is pushed to 10%. the challenge i know you are faced with is what happens. hmm looks like a dumb be about 850 billion. -- it looks like it will be about $850 million. is that acceptable? is that an acceptable reduction? >> it is not only just the amount, it is peanut butter. it has a good chance of breaking us. it puts it in a position of not keeping faith. kines to be reset and everything else. there's equipment for the future. if we are not able to, it's a hollow us out. i think we do need to participate. we have to have a strategy. we have to have different views of the future. this is a much more dangerous time. the world keep showing up on our doorstep for the use of the military. the have to be judicious about that. we have to look at how we will do this. we look into the abyss of what it would be if we have roughly doubled that. i think you would be incredibly dangerous for the security to go there. >> said is
the 450 billion is the amount that was part of the debt ceiling. the debt ceiling takes the ceiling down about $450 over 10 years. it is pushed to 10%. the challenge i know you are faced with is what happens. hmm looks like a dumb be about 850 billion. -- it looks like it will be about $850 million. is that acceptable? is that an acceptable reduction? >> it is not only just the amount, it is peanut butter. it has a good chance of breaking us. it puts it in a position of not keeping faith....
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0.0
Feb 16, 2023
02/23
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when it comes the debt ceiling we would continue to be where we are. he mentioned yesterday in a speech that he does not believe we should be negotiating. reporter: [indiscernible] >> the governor, as you mentioned today asked for additional help, testing, assessment. we are deploying teams. as you know these needs are much more expansive than what fema can meet. fema is on the front lines when there is a hurricane or a tornado. as you know you've seen the president visit devastated areas across country. this situation is very different. that does not mean fema isn't supporting the result bonds -- the response. they are. is a multiple agent see -- agency response. they are coordinating with emergency operations center and working closely with the ohio -- emergency management agency. each federal agency has its own unique role here. we will provide an interagency team to get the people of palestine, east palos team be exact the support they need -- palestinian the support they need. it is our top priority for the moment as we look at what they are deali
when it comes the debt ceiling we would continue to be where we are. he mentioned yesterday in a speech that he does not believe we should be negotiating. reporter: [indiscernible] >> the governor, as you mentioned today asked for additional help, testing, assessment. we are deploying teams. as you know these needs are much more expansive than what fema can meet. fema is on the front lines when there is a hurricane or a tornado. as you know you've seen the president visit devastated areas...
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112
Sep 10, 2011
09/11
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eye 112
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and as the gentleman knows, part of the debt ceiling agreement included a 10-year rolling average to now be the amount for which we will budget for the disaster fund and hopefully that will get us on a much more even keel and allow for the adequate funding of what's needed, both in the short-term and long. but as for the supplemental, still waiting for the administration's determination of what it needed, and if it is f.y. 2012 moneys, we will have the opportunity to roll that into the process of budgeting for the disasters the way we set out to do that in the debt ceiling agreement. i yield back. mr. hoyer: i appreciate the gentleman's observation and also his reference to the head room that we gave in the agreement that was reached in raising the debt ceiling, understanding there are emergencies that occur and you need head room to deal with those emergencies. i'm appreciative of the gentleman's observation. i understand as well, i want to acknowledge that his district was hard hit not only by the earthquake but by irene and i presume by the rains as well that have compounded that
and as the gentleman knows, part of the debt ceiling agreement included a 10-year rolling average to now be the amount for which we will budget for the disaster fund and hopefully that will get us on a much more even keel and allow for the adequate funding of what's needed, both in the short-term and long. but as for the supplemental, still waiting for the administration's determination of what it needed, and if it is f.y. 2012 moneys, we will have the opportunity to roll that into the process...
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0.0
Sep 29, 2023
09/23
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about raising the debt ceiling. initially you guys weren't going to touch any kind of negotiation because of that, solely up to house moneys, up to congress, to raise the debt ceiling. but then the president did intervene to avoid the u.s. defaulting. so at what point would the president intervene to avoid a shutdown? karine: i understand your question as well. here's the thing. i think director young did a really good job laying this out. what we are talking about is a bill, a bipartisan bill that became law. that's what we're talking about. something that became law. that was agreed by the five sides, right? the house republicans even themselves. 2/3 of them voted for this. this is law. this is an agreement that was already made. that multiple conferrings were had about. this this should be simple. it should be easy. and that's what we're talking about. we're talking about something that already existed not that long ago. they all literally voted for in the house and in the senate. in a bipartisan way. something t
about raising the debt ceiling. initially you guys weren't going to touch any kind of negotiation because of that, solely up to house moneys, up to congress, to raise the debt ceiling. but then the president did intervene to avoid the u.s. defaulting. so at what point would the president intervene to avoid a shutdown? karine: i understand your question as well. here's the thing. i think director young did a really good job laying this out. what we are talking about is a bill, a bipartisan bill...
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69
Oct 8, 2013
10/13
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eye 69
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it also echoes the creation of a debt supercommittee resolve the last debt ceiling impasse in 2011. so that vote is happening tomorrow, according to the hill newspaper. today, the house is working on education impact aid and head the fundingore of bills that have been passing for the last week or so. that is on their schedule today in just a couple of minutes. on toen possibly moving funding for border and nuclear security, national intelligence programs, and indian affairs, as well. democratic-e of the leaning tweets we have been receiving. willow grove has been trying to call the speaker's office. here is the tweet. mr. speaker, you will not answer call after 26 minutes. finally was able to leave message. you can stop this shutdown now. you it. regrets shouldhe walk out of the house and not return until owner agrees to allow a vote on the clean cr. remove boehner. considers if you yourself a true american, you will fight to your last k breath corporatee koch takeover of our country. in these is coming back la. the senate is in session right now. they will be in until 12:30. at 12:
it also echoes the creation of a debt supercommittee resolve the last debt ceiling impasse in 2011. so that vote is happening tomorrow, according to the hill newspaper. today, the house is working on education impact aid and head the fundingore of bills that have been passing for the last week or so. that is on their schedule today in just a couple of minutes. on toen possibly moving funding for border and nuclear security, national intelligence programs, and indian affairs, as well....
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149
Jul 29, 2011
07/11
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the debate about the debt ceiling. as i explained to these young people that the current debt of the united states of america, their share of that current debt is well into the mid $40,000 range, $46,000 or so of debt, and it's for this very reason that we are proposing what we are proposing because the only way to keep this debt on these innocent young people from soaring to greater and greater levels, an area that they can no longer afford, is to restrain, constrain government. and the only sure way to do that the only guaranteed enforcement mechanism that i know that can accomplish that very thing is a balanced budget amendment system of on behalf of these young people and on behalf of young people across america, let's quit piling more and more debt on our children and grandchildren. let's pass the rule, let's pass this bill. i yield back. the speaker pro tempore: the gentlelady from new york. ms. slaughter: madam speaker, i'm pleased to yield one minute to the gentleman from georgia, mr. scott. the speaker pro tem
the debate about the debt ceiling. as i explained to these young people that the current debt of the united states of america, their share of that current debt is well into the mid $40,000 range, $46,000 or so of debt, and it's for this very reason that we are proposing what we are proposing because the only way to keep this debt on these innocent young people from soaring to greater and greater levels, an area that they can no longer afford, is to restrain, constrain government. and the only...
111
111
Jan 5, 2013
01/13
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i think risking government shutdown, risking not raising the debt ceiling, is playing with fire, and it is my strong recommendation to my caucus, to the house democratic caucus, and to the president that we make it clear, not in the middle of february, but from next week on that we are not going to do that. if anyone wants to come in and negotiate and says we will do this only -- we will raise the debt ceiling only if you do a, b, c, they will not have a good negotiating partner. i would bet that they not go forward with that. if they are convinced -- those who want to use the debt ceiling as a tool to bring change that they want, if they realize for sure that they are not going to have a negotiating partner, they will have to find another route to bring their change. the only way they get leverage is when they think we might negotiate on this issue. it was very sad that in 2011 when that happened, and i think there's a strong consensus not to repeat what i would call -- what most of us would regard as a mistake. ok, thank you, everybody. >> next, live your calls and comments on the
i think risking government shutdown, risking not raising the debt ceiling, is playing with fire, and it is my strong recommendation to my caucus, to the house democratic caucus, and to the president that we make it clear, not in the middle of february, but from next week on that we are not going to do that. if anyone wants to come in and negotiate and says we will do this only -- we will raise the debt ceiling only if you do a, b, c, they will not have a good negotiating partner. i would bet...
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Oct 5, 2013
10/13
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did not havereece a debt ceiling boat. detroit did not have a debt ceiling boat. it is like turning off the smoke alarm when the fire breaks out. >> i want to press you on that a little more. you mentioned moody's. moody's said that even if we prioritize the debt,, november 1 when we have a payment due they will not be enough receipts in the federal treasury to pay both the bondholders and social security recipients, much less veterans health care and military salaries and all of the other things you have exempted from the shutdown. than this be even worse the shutdown? >> the full faith and credit act , in accordance with the constitution, exquisitely exams -- explicitly exempts social security. it would not be a part of the calculation. at some point we have to deal with this debt crisis. there are those who always want to put it off to the next day. inm sure there were voices greece, in detroit, saying put it off for another day. but no, we have to do this today. i am saying this not just as a congressman, but as the father of a 10-year-old son and 11- year-old
did not havereece a debt ceiling boat. detroit did not have a debt ceiling boat. it is like turning off the smoke alarm when the fire breaks out. >> i want to press you on that a little more. you mentioned moody's. moody's said that even if we prioritize the debt,, november 1 when we have a payment due they will not be enough receipts in the federal treasury to pay both the bondholders and social security recipients, much less veterans health care and military salaries and all of the...
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Aug 25, 2017
08/17
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also, congress must increase the debt ceiling to avoid a default on u.s. debt. other items on the agenda are rewriting the tax code and continuing work in the senate on health care legislation. watch live gavel-to-gavel coverage on c-span. follow the senate on c-span two. journaln's washington live every day with news and policy issues that impact you. coming up friday morning, jeremy surry takes up his book, "the impossible presidency: the rise and fall of america's highest office." on c-span. president trump's recent rally and his performance after events in charlottesville. eric olson of woodrow wilson international center for scholars discusses u.s. policy toward venezuela. be sure to watch washington journal live at 7:00 a.m. eastern on friday morning. join the discussion. >> sunday night on "q&a," the lives of winston churchill and george orwell. we talked to thomas ricks about his book. >> they never met, but the hero of 1944 was named winston. orwell was a real leftist all his life but admired churchill and wrote he was the only conservative he admired.
also, congress must increase the debt ceiling to avoid a default on u.s. debt. other items on the agenda are rewriting the tax code and continuing work in the senate on health care legislation. watch live gavel-to-gavel coverage on c-span. follow the senate on c-span two. journaln's washington live every day with news and policy issues that impact you. coming up friday morning, jeremy surry takes up his book, "the impossible presidency: the rise and fall of america's highest office."...
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Jul 31, 2011
07/11
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i'm willing to raise the debt ceiling. in fact, we worked on a motion that got more votes than any other motion that's been set forward and that was cut, cap and balance that would have required a balanced budget amendment to be passed, but would have raised the debt ceiling. what do we hear from the other side? intransigence. who is refusing to compromise? sounds to me like the other side is refusing to compromise. i have with me my distinguished colleague from utah. i'd like to hear his thoughts on where the fault lies and where we could come to if we were to compromise to try to find an agreement. mr. lee: mr. president, a number of us, myself included, have been arguing since january, ever since we arrived here and were sworn in in this very room, that the national debt i a permanent problem. the almost $15 trillion that we now owes a nation is permanent. it's going to take a long time to pay off. there are people who are not yet old enough to vote, there are people who will be born in a few years who are not even here
i'm willing to raise the debt ceiling. in fact, we worked on a motion that got more votes than any other motion that's been set forward and that was cut, cap and balance that would have required a balanced budget amendment to be passed, but would have raised the debt ceiling. what do we hear from the other side? intransigence. who is refusing to compromise? sounds to me like the other side is refusing to compromise. i have with me my distinguished colleague from utah. i'd like to hear his...
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Aug 25, 2017
08/17
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also, congress must increase the debt ceiling to avoid a default on u.s. debt. other items on the agenda are rewriting the tax code and continuing work in the senate on health care legislation. watch live govern -- gavel-to-gavel coverage on c-span. follow the senate on c-span two. >> defense secretary james mattis was in ukraine today and said russia had failed to abide by peace agreement meant to end the conflict in eastern ukraine. that is next on c-span. then, a forum on north korea and the threat that it poses to its neighbors in the u.s. "q&a," theight on lives of weston churchill and george orwell. . heroey never met, but the was named winston. leftist all real his life but admired churchill and wrote he was the only conservative he admired. >> sunday night at 8:00 eastern on "q&a." >> defense secretary james mattis held a joint news conference with the president of ukraine in kiev. they reiterated you -- reiterated that the u.s. would continue to put pressure on russia to withdraw troops from the ukrainian territory. minutes.5 president poroshenko: it is
also, congress must increase the debt ceiling to avoid a default on u.s. debt. other items on the agenda are rewriting the tax code and continuing work in the senate on health care legislation. watch live govern -- gavel-to-gavel coverage on c-span. follow the senate on c-span two. >> defense secretary james mattis was in ukraine today and said russia had failed to abide by peace agreement meant to end the conflict in eastern ukraine. that is next on c-span. then, a forum on north korea...
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Aug 25, 2017
08/17
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congress must increase the debt ceiling to avoid a default on u.s. debt. other items on the agenda are rewriting the tax code and continuing work in the senate on health care legislation. watch live gavel to gavel coverage of the house on c-span. follow the senate on c-span2. c-span, where history unfolds daily. 1979, c-span was created as the public service by america's cable television company and brought you today by your cable or satellite provider. "washington journal" begins in a moment. later this morning, superintendents and other school district leaders from across the country will meet to look at some of the challenges facing urban schools. that conferences hosted by howard university and the school superintendents association. live coverage begins at 9:30 a.m. eastern on c-spantubing. coming up, author in history professor discusses the changing role of the presidential office. "the impossible presidency: the rise and fall of america's highest office." in the american conservative union on president trump's recent arizona rally. his comments abo
congress must increase the debt ceiling to avoid a default on u.s. debt. other items on the agenda are rewriting the tax code and continuing work in the senate on health care legislation. watch live gavel to gavel coverage of the house on c-span. follow the senate on c-span2. c-span, where history unfolds daily. 1979, c-span was created as the public service by america's cable television company and brought you today by your cable or satellite provider. "washington journal" begins in...
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Jan 5, 2013
01/13
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working on the debt ceiling is a huge part of that. if you look at any of the ideas that have been put forward to address the deficit and debt and the long-term growth of this country, it involves not only tax reform, it involves entitlement reform, balancing the budget and controlling spending. all of those things go into controlling the the debt the right way. host: has the president been a leader on these issues? guest: he needs to be more engaged on these issues and he needs to tell the people of this country what he believes the right plan is. host: that we go back to what senator mcconnell said and ask you to put some specifics to these words. guest: a similar plan passed the house committee, but the fall plan did not get through the house. we are improving the farm policy for farmers and ranchers, but at the same time, finding real savings. the other thing, when you put a five-year plan in place, you create certainty. that certainty stimulates investment and that stimulates economic growth that not only means putting people back
working on the debt ceiling is a huge part of that. if you look at any of the ideas that have been put forward to address the deficit and debt and the long-term growth of this country, it involves not only tax reform, it involves entitlement reform, balancing the budget and controlling spending. all of those things go into controlling the the debt the right way. host: has the president been a leader on these issues? guest: he needs to be more engaged on these issues and he needs to tell the...
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Aug 29, 2011
08/11
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we saw this and the deficit-debt negotiations, the deficit crisis. -- the debt ceiling crisis. there is an enormous opportunity to accomplish big things that the american people want accomplished, and they can be done in a bipartisan way. those include a job creation measures, economic growth measures, this will sound -- fiscal soundness measures. our hope and expectation is that the members of congress and both parties will come back with a heightened sense of urgency to put the american people ahead of party, ahead of politics, and to do something right for the economy. >> what will the president focus on the areas hit by the hurricane? >> i don't have a schedule announcement for you at this point. >> he put out a statement on katrina six years later. does he feel that the federal government is significantly better in its reaction now than it was six years ago? >> i think administrator fugate addressed that, and addressed it from firsthand experience to his answer was yes, basically -- >> but president obama in particular -- does he feel on his watch that -- does he feel that
we saw this and the deficit-debt negotiations, the deficit crisis. -- the debt ceiling crisis. there is an enormous opportunity to accomplish big things that the american people want accomplished, and they can be done in a bipartisan way. those include a job creation measures, economic growth measures, this will sound -- fiscal soundness measures. our hope and expectation is that the members of congress and both parties will come back with a heightened sense of urgency to put the american...
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Oct 16, 2021
10/21
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[video clip] >> i recognize the necessity of addressing the debt ceiling. i have reservations of the course of the majority follow i urge. my democratic colleagues to begin workin when we do -- when we do we can raise the debt ceiling when necessary. unless and until democrats give up on their dream on socialist america republicans cannot and will not support raising the debt limit to pave the superhighway. if that continues to be the chosen course reconciliation is the only path forward to raising the limit again. the passage of this, democrats will have the time to get this done. i suggest you use it wisely. host: let's see what social media followers are saying about their top news stories of the week. here is a tweet that says, more than 10,000 john deere workers went on strike. this is the first strike in 35 years. i feel as if this reflects how workers in the united states feel as a whole about being treated unfairly. here is a text that says, remove dark money from our politics. not knowing who is behind a particular message is dangerous to democracy
[video clip] >> i recognize the necessity of addressing the debt ceiling. i have reservations of the course of the majority follow i urge. my democratic colleagues to begin workin when we do -- when we do we can raise the debt ceiling when necessary. unless and until democrats give up on their dream on socialist america republicans cannot and will not support raising the debt limit to pave the superhighway. if that continues to be the chosen course reconciliation is the only path forward...
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Jan 15, 2013
01/13
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ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting. and the fact of the matter is, is that we have never seen the debt ceiling used in this fashion, where the notion was, you know what, we might default unless we get 100 percent of what we want. that hasn't happened. now, as i indicated before, i'm happy to have a conversation about how we reduce our deficits further in a sensible way. although one thing i want to point out is that the american people are also concerned about how we grow our economy, how we put people back to
ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just last year. but what's different is we never saw a situation as we saw last year in which certain groups in congress...
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May 23, 2019
05/19
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again, i would urge congress to raise the debt ceiling. we should have a situation where when we commit funds, we commit that we have the capacity to borrow. i have no issue with congress should have the ability to control borrowing and have the control of spending, but these things should be done at the same time. >> i concur on that. the whole situation is sort of analogous to refusing to pay for a meal after you've eaten it. i'd like to enter the treasury report the macro economic effects of brinksmanship. i urge you to have a look. it goes through the drop in consumer confidence, small business optimism. s&p 500 took a hit. corporate bond spreads, mortgages,. household net worth, the wealth of american families dropped by more than i think multiple trillion dollars. this was a big deal when it happened and there's a danger of it recurring. yesterday i introduced a bill, a clean repeal of the debt limit so we would actually use the budget rather than the debt limit to limit spending. i'm not going to ask you to opine on any specific thi
again, i would urge congress to raise the debt ceiling. we should have a situation where when we commit funds, we commit that we have the capacity to borrow. i have no issue with congress should have the ability to control borrowing and have the control of spending, but these things should be done at the same time. >> i concur on that. the whole situation is sort of analogous to refusing to pay for a meal after you've eaten it. i'd like to enter the treasury report the macro economic...
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Aug 29, 2011
08/11
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i mean, we saw this during the deficit and debt negotiations, the debt ceiling crisis. there's an enormous opportunity here to accomplish big things that the american people want accomplished and that could be done in a bipartisan way. and that includes job creation measures, economic growth measures, and fiscal soundness measures. and our hope and expectation is that the members of congress from both parties will come back with a heightened sense of urgency to put the american people ahead of party, ahead of politics, and to do something right for the economy. >> when will the president go visit any of the areas that have been hit by the hurricane? >> ann, i don't have a scheduling announcement for you at this point. i don't have an announcement of that nature to make. >> and he put out a statement on katrina six years later. does he feel that the federal government is significantly better in its reaction now than it was six years ago? >> well, i think administrator fugate addressed that and addressed it from firsthand experience, and i think his answer was, yes, basic
i mean, we saw this during the deficit and debt negotiations, the debt ceiling crisis. there's an enormous opportunity here to accomplish big things that the american people want accomplished and that could be done in a bipartisan way. and that includes job creation measures, economic growth measures, and fiscal soundness measures. and our hope and expectation is that the members of congress from both parties will come back with a heightened sense of urgency to put the american people ahead of...
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Oct 6, 2013
10/13
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and i certainly won't pay a ransom in exchange for raising the debt ceiling. for as reckless as a government shutdown is, an economic shutdown that comes with default would be dramatically worse. i'll always work with anyone of either party on ways to grow this economy, create new jobs, and get our fiscal house in order for the long haul, but not under the shadow of these threats to our economy. pass a budget, end this government shutdown. pay our bills, prevent an economic shutdown. these americans and millions of others are counting on congress to do the right thing. and i will do everything i can to make sure they do. >> i am senator john cornyn. every day capitol hill police officers protect members of congress and our visiting guests with courage, dignity, and professionalism. their efforts often go unnoticed. whenever there called upon to act, we are reminded of their bravery. i want to take this opportunity to thank the capitol hill police for all they do to protect our collective safety and security. like most americans, i was disappointed when certain
and i certainly won't pay a ransom in exchange for raising the debt ceiling. for as reckless as a government shutdown is, an economic shutdown that comes with default would be dramatically worse. i'll always work with anyone of either party on ways to grow this economy, create new jobs, and get our fiscal house in order for the long haul, but not under the shadow of these threats to our economy. pass a budget, end this government shutdown. pay our bills, prevent an economic shutdown. these...
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Jul 12, 2011
07/11
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the debt ceiling is a pernicious fiction. it is a fiction that was put in place by this body decades ago to try to convince the american people that we could control our debt. and since then it has never done that. it has been raised, dozens of times, as this body took the spending decisions and the tax cut decisions that required borrowing. under the bush administration, the debt ceiling was raised seven times. dozens and dozens of times the debt ceiling has been raised. it is a fiction. it is a particularly pernicious set of smoke and mirrors that this institution uses to make people feel better while the debt rideses as -- rideses -- rises as it did under president reagan, under the first president bush, as it did not under president clinton and as it did under president george w. bush, and president obama. now the question is do we honor the commitments made historically in this chamber? we raise the debt ceiling not to spend more new money to start new programs or to cut new taxes but because we honor the commitments tha
the debt ceiling is a pernicious fiction. it is a fiction that was put in place by this body decades ago to try to convince the american people that we could control our debt. and since then it has never done that. it has been raised, dozens of times, as this body took the spending decisions and the tax cut decisions that required borrowing. under the bush administration, the debt ceiling was raised seven times. dozens and dozens of times the debt ceiling has been raised. it is a fiction. it is...
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Oct 9, 2013
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let's have a reasonable debate on the debt ceiling. mr. mulvaney: let's stop trying to scare people and the markets if we don't raise the debt ceiling the nation will default on its debt. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from new jersey rise? >> to address the house for one minute. the speaker pro tempore: without objection. >> the leadership, the president, the senate and the democrats in this body have shown has been tremendous. mr. payne: yes, we must provide a pathway to citizenship for the 11 million living in the shadows. yes, we must provide the promise of the american dream for the million of youngsters brought here through no fault of their own. and, yes, we must ensure that this immigration bill is a comprehensive immigration bill, open and accessible to all. diversity visas are one of the few ways that those from africa and the caribbean have to become american citizens. in many african countries, whole cities gather to hear the results of the
let's have a reasonable debate on the debt ceiling. mr. mulvaney: let's stop trying to scare people and the markets if we don't raise the debt ceiling the nation will default on its debt. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from new jersey rise? >> to address the house for one minute. the speaker pro tempore: without objection. >> the leadership, the president, the senate and the democrats in this...
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Nov 15, 2017
11/17
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well, you got it in spades with this bill because the republicans have raised the debt ceiling $1.5 trillion to finance these tax cuts for people who frankly don't need them. and because you have to pay interest on that, it's $2.3 trillion additional burden on our children and grandchildren. it eliminates the alternative minimum tax. even though trump refused to honor his commitment to release his tax returns, one was leaked to david k. johnson and it showed the only reason he paid substantial taxes in 2005 was because of the alternative minimum tax. getting rid of that would save him $31 million. there's a special break for pass-through entities. it's theoretically for small businesses, but many of the pass-through entities are not small businesses. they're hedge funds. donald trump's disclosure form lists hundreds of pass-through entities. that's how he does business. and, of course, the biggest and most outrageous loophole is to completely eliminate the inherentans tax over the next 10 years. -- inheritance tax over the next 10 years. this will save extraordinarily wealthy people from $17
well, you got it in spades with this bill because the republicans have raised the debt ceiling $1.5 trillion to finance these tax cuts for people who frankly don't need them. and because you have to pay interest on that, it's $2.3 trillion additional burden on our children and grandchildren. it eliminates the alternative minimum tax. even though trump refused to honor his commitment to release his tax returns, one was leaked to david k. johnson and it showed the only reason he paid substantial...
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Nov 14, 2017
11/17
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we were about two days short of not being able to meet our debt ceiling obligations when we passed that, and at the time the hope was that we come together on a compromise to deal with our deficit and our debt, to get us on a fiscally responsible path. well, nearly seven -- well, sorry, over six years later, i can't say we made an enormous amount of progress on that and that's a huge threat to our troops and our national security. i'd also say it's a threat to the nondefense discretionary budget and the rest of the budget as well, but without question, one of the greatest challenges the pentagon faces, they don't know from one month to the next how much money they are going to have. is this going to be the number, is this bill going to work? i don't know. i hope so. we have to resolve that issue. we have to figure out how to have a fiscally responsible budget so we can pass appropriations bills every year so all aspects of the discretionary budget can have some predictability. it's absolutely true, as the chairman and others have said, we have a readiness shortfall. what that means is w
we were about two days short of not being able to meet our debt ceiling obligations when we passed that, and at the time the hope was that we come together on a compromise to deal with our deficit and our debt, to get us on a fiscally responsible path. well, nearly seven -- well, sorry, over six years later, i can't say we made an enormous amount of progress on that and that's a huge threat to our troops and our national security. i'd also say it's a threat to the nondefense discretionary...
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Dec 8, 2022
12/22
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ceiling. i think there is going to be way too much overreach. i think you will use it as a marketing token when you should not. i think you have members of your own party who will not support it. i just wanted to bring forth the fact that i think you will have that with you. thank you for the opportunity, brian lame you're my hero. guest: when republicans had the majority, we had two sessions that protected us from default in the event that there is an impasse on a budget bill. it allowed interest to be paid notwithstanding the debt limit. unfortunately, the democrats killed it in the senate. host: from pennsylvania, a democrat. caller: thank you for taking my call. there were two questions i have. why do they make it so hard that people with flood damage, we can't get our money. we have to go through so much paperwork to get our money. if another country has an earthquake or mudslide, they send money right away. we still have not gotten money from ida that was due to us that we are fighting w
ceiling. i think there is going to be way too much overreach. i think you will use it as a marketing token when you should not. i think you have members of your own party who will not support it. i just wanted to bring forth the fact that i think you will have that with you. thank you for the opportunity, brian lame you're my hero. guest: when republicans had the majority, we had two sessions that protected us from default in the event that there is an impasse on a budget bill. it allowed...
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Sep 26, 2013
09/13
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host: as far as the debt ceiling, would you approve of passing the debt ceiling and let that deadline past? guest: the debt ceiling is something that i think is going to have a lot of moving parts to it. in the last 50 years, when you have had a divided government, you always work with the spending and debt ceiling together. regardless of what the administration, the president says. you have always adhered over the last five decades peer we have done that. there is got to be some give and take over that. the president says he is not going to negotiate, so that be a problem. host: halaby voted in the past? -- how have you voted in the past? guest: i have a voted both for and against the depending on what is and appeared we have based our decision on that. i voted to move it to may. .hen they came up last year but i have also voted not to raise it. it just depends on what the debt ceiling till is, just like any other piece of legislation. post" sayswashington it could include a one-year debt increase, which could allow us a one-year delay of the health care law, and move along the keyst
host: as far as the debt ceiling, would you approve of passing the debt ceiling and let that deadline past? guest: the debt ceiling is something that i think is going to have a lot of moving parts to it. in the last 50 years, when you have had a divided government, you always work with the spending and debt ceiling together. regardless of what the administration, the president says. you have always adhered over the last five decades peer we have done that. there is got to be some give and take...
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Jun 2, 2011
06/11
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rather than focusing on raising the debt ceiling, mr. speaker, we should be putting all of our energy into reducing the debt. it's bad for job creation and our economy. as admiral mullen recently said, our debt is the most dangerous threat to our national security. i could not agree any more. if congress continues to spend money as it has in the past, we will only become more reliant upon foreign countries to buy up our debt making our economy secondary to theirs. it is dangerous. it is irresponsible. it is unfore give. mr. speaker, this -- it is unforgivible. mr. speaker, this congress has turned our country upside down while allowing for the largest budget deficit in the history of the united states. the great cost of the stimulus bill, multiple government bailouts and obamacare have pushed our country over the edge. i beg of my colleagues to not let this great nation hit rock bottom. we cannot hit rock bottom before we make tackling the debt our first and foremost priority. jobs, our economy and our future depend upon it. mr. speaker,
rather than focusing on raising the debt ceiling, mr. speaker, we should be putting all of our energy into reducing the debt. it's bad for job creation and our economy. as admiral mullen recently said, our debt is the most dangerous threat to our national security. i could not agree any more. if congress continues to spend money as it has in the past, we will only become more reliant upon foreign countries to buy up our debt making our economy secondary to theirs. it is dangerous. it is...
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May 25, 2011
05/11
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host: a couple of stories on the debt ceiling debate. debt is scarier than default for those surveyed. and then here is the headline. house republicans said tuesday that it would allow a vote next week on an increase in the debt ceiling with no strings attached in order to see it defeated and showed democrats that no increase -- that is the of the " new york times." penned an op-ama ed in today's "times of london" with david cameron. they're going to have a press conference shortly. we may show you some of that here. they are waiting for them to come to the microphone. we go to detroit. caller: i would like to know one question. my property tax covers public schools. so with all of these fees, will that be eliminated all of my tax? host: i do not know the answer to that. what you think? caller: i am against charging fees for public schools. now that was going to be the situation, i do not think that we should be paying double. it is a sneaky way of taxing people and they are not listening to the real thing about this. i think the public
host: a couple of stories on the debt ceiling debate. debt is scarier than default for those surveyed. and then here is the headline. house republicans said tuesday that it would allow a vote next week on an increase in the debt ceiling with no strings attached in order to see it defeated and showed democrats that no increase -- that is the of the " new york times." penned an op-ama ed in today's "times of london" with david cameron. they're going to have a press conference...
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Feb 7, 2014
02/14
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. >> when will we see any proposal on the debt ceiling will get the support of republicans after this week? how do you feel now? >> i think we're still looking for the pieces to this puzzle. but listen, we do not want to default on our debt and we are not going to default on our debt. we are in discussions with our members how to move ahead and we have time to do this and continue to work at it. no decisions have been made. >> can we rule out a clean debt bill? >> we continue to talk to our members. >> there have been reports that you offered to put forward the approval of the keystone pipeline and attach it to it the debt limit. but you ran into problems with your caucus. how can you get 218 for keystone? forcome you can't get 218 keystone? >> mother teresa is a saint, if the congress wanted to make her a saint and get it attached to the debt ceiling we probably , couldn't get 218 votes. [laughter] >> on the trade bill, apparently there is as much problem in your caucus as with the democratic caucus. the word is that you told the president you wanted the 50 democrats to vote in the h
. >> when will we see any proposal on the debt ceiling will get the support of republicans after this week? how do you feel now? >> i think we're still looking for the pieces to this puzzle. but listen, we do not want to default on our debt and we are not going to default on our debt. we are in discussions with our members how to move ahead and we have time to do this and continue to work at it. no decisions have been made. >> can we rule out a clean debt bill? >> we...